Apple and Beats Music Developing New Streaming Service, Trent Reznor Redesigning iOS Music App

Apple acquired Beats Music last year, and now the two tech giants are working together on a new streaming service to rival Spotify, The New York Times reports. The two companies are planning a subscription service which will apparently feature an enhanced version of iTunes Radio. It’s also been reported that Trent Reznor is playing a significant role in redesigning the iPhone’s music app.

The new music app will reportedly include many features that were included in the Beats Music streaming service including curated playlists. It’s also been reported that the name “Beats Music” will be scrapped. It’s expected for public release this year.

The Times reports that Apple attempted to persuade record labels to lower licensing costs in order to sell subscriptions for $8 per month, but those talks apparently fell through. Apple’s streaming service will reportedly forgo a free version.

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